Settings and activity
11 results found
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16 votes
Jun Zhao
supported this idea
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35 votes
Jun Zhao
supported this idea
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13 votes
Jun Zhao
supported this idea
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20 votes
Jun Zhao
supported this idea
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19 votes
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Jun Zhao
supported this idea
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144 votes
An error occurred while saving the comment
Jun Zhao
commented
It would be helpful to have "Second Element of Cost" for existing fixed assets -
Purpose: to enable either "Additional Cost" or "Discount" to be added into existing Registered Assets.
From accounting/bookkeeping perspective, this additional cost/discount should *not* impact the depreciation in past periods (ie Past Depreciation Amount is supposed to be locked once a financial period is closed. A separate journal can be created in order to reflect/catch up the changes in GL)
Jun Zhao
supported this idea
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424 votes
Hey everyone, thanks for all your valuable feedback and support on this idea here.
It's nice to see tips being shared throughout this thread to help others managing multiple assets. The suggestion to group similar items (like office chairs or laptops) into a single asset with a quantity can be an efficient way to handle things. When you need to dispose of some, you can then perform a partial disposal by updating the quantity, which helps save a few steps.
Wanting to share an update for you all, although I appreciate it will not be the news hoped for - Developing the capability to bulk dispose assets isn't on our current roadmap. We will keep an active eye on the support this continue to build here and be sure to let you know if anything changes here.
Jun Zhao
supported this idea
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10 votes
Jun Zhao
supported this idea
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382 votes
Hi everyone, thanks for sharing your support for part disposal of Fixed Assets in Xero. Being transparent - current work for the team requires focus on upgrades to Fixed Asset technology.
However, we’re thinking of what comes next and partial disposal of an asset figures strongly in this. Please continue to detail your particular use cases here in Product Ideas.
As we continue forming the future of Fixed Assets in Xero insights from Product Ideas here will feed into the team's plans.
Jun Zhao
supported this idea
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59 votes
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113 votes
Ideally there should be a way to input Second Element of an asset - so Grants/Discounts received from assets purchase are recorded properly